Archived IMT (2009.11.11)

DOW STRUGGLING TO break above the 50% retrcmt from record high to March low of 10348 (as did S&P500 struggles to do the same to its own 50% retracement at 1097). But Dow is well above its 100-week MA if 10107, so a close above this is needed for the week. GBPUSD hits $1.6580 target from this morning IMT when it stood at $1.6660 as dollar stabilizes further during the London close. Oil's inability to regain 80.50 turns into deeper selling towards 79.20. EURGBP still seen at 0.9070. CADJPY still unable top regain 86.20.